For those moments when you’re thinking, “I need new business –- and quick!”

Sole Practitioners Reign in the UK 3 September 2007

Filed under: News,Small Business — worddocdooley @ 9:39am

According to the Department of Business, Enterprise and Regulatory Reform (DBERR), solo workers are in the majority.

The organisation has recently published statistics for small- and medium-sized business activity in 2006. The stats show that sole traders now make up 73% of all UK businesses.

Although this is encouraging news, I can’t help feel that the number could be a little misleading. I mean, how many of those sole traders continue to operate in business after, say, three years of starting out? Could this figure be higher if sole traders were given more incentives from the government? Do they get a fair deal as it stands?

What about you? Are you a solopreneur? What’s your story?

Source: ‘Enterprising Women’ newsletter, 30 August 2007

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